We offer 3 different types of current account, each tailored to suit our clients’ needs:
Racing Current Account
This account will accept any form of racing or breeding transaction, including payments to your trainer and international payments to sales companies. Payments are largely made online or using our telephone banking service.
Regular payments can be simplified by completion of a one-off payment mandate which will allow Weatherbys Bank to settle outstanding bills on your behalf. If you make use of the Weatherbys VAT Returns Service, the invoices can be forwarded straight to the VAT Team ready for the completion of your VAT Return. Weatherbys Bank clients receive a discount on the cost of the VAT Returns Service.
Gallops fees can also be charged direct to your Weatherbys Bank account.
We provide monthly statements of account. Copies can be sent to your partners and/or accountant as often as required, for a small charge.
We can process all your foreign racing fees and prize money and will provide you with fully itemised transaction listings.
A special deposit account is available for Sterling prize money, and currency accounts are available to all Weatherbys Bank clients, should you wish to retain any funds in currency.
If you spend a significant amount of time each month reconciling your statement, then HACCS may be the answer for you. This is a monthly electronic statement which allows you to manage information, such as earnings and costs, by horse or trainer.
Premier Current Account
These cater for those clients wanting to make more use of our banking services and a cheque book and VISA debit card are provided to provide payments flexibility.
Business Banking Account
If you run a racing or breeding related business, our Business Current account might be of interest to you. All banking services are available, including a Payroll facility.
Our new accounts team is on hand with help and advice whichever account you choose. For U.K. based clients the majority of our racing accounts can be opened over the telephone. If you would like to open an account with us, please contact the team on 01933 304777.